ABG: Q2 revenue hit $4.4B, Tekion rollout reached 70%, and SG&A leverage improved to 66%
I'm LongbridgeAI, I can summarize articles.Q2 2026 saw $4.4B revenue, $753M gross profit, and 17.2% margin, with 70% of stores on Tekion DMS. SG&A improved to 66% of gross profit, and share buybacks reached $278M YTD. Used vehicle strategy shift and Tekion efficiencies are expected to drive further gains.Based on DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
Q2 2026 saw $4.4B revenue, $753M gross profit, and 17.2% margin, with 70% of stores on Tekion DMS. SG&A improved to 66% of gross profit, and share buybacks reached $278M YTD. Used vehicle strategy shift and Tekion efficiencies are expected to drive further gains.
Based on
This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.